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Feb 14, 2013
02/13
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CNBC
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so what we're hearing is apple is starting to lose more market share at the high end to samsung, particularly in europe. that's because they don't have a big enough phone size. the screen deemed to be too small. tim and apple argue that's by design. they feel they have the right, appropriate size. we think they are losing market share. that shift is causing market pressure and margin pressure. we also believe it's causing suppliers to continue to cut production. we do see an iphone 5s and lower cost phone in june. some cuts could be related to that. >> sounds like all in all margins will come down for apple when it comes to the iphone product line we're factoring in iphone 5s, lower margin phone and iphone 6 moved up, all of that equals margin pressure. >> correct. we are significantly below the rest of the street for the june quarter in particular. we're around 150 basis points lower on gross margins. that means earnings are going to be lower. if we look out, we think there's somewhere between 2 and 300 basis points of additional margin pressure which probably means gross margins hit 35%. we
so what we're hearing is apple is starting to lose more market share at the high end to samsung, particularly in europe. that's because they don't have a big enough phone size. the screen deemed to be too small. tim and apple argue that's by design. they feel they have the right, appropriate size. we think they are losing market share. that shift is causing market pressure and margin pressure. we also believe it's causing suppliers to continue to cut production. we do see an iphone 5s and lower...
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Feb 4, 2013
02/13
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CNBC
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. >> the important thing is, it doesn't have to be a samsung or apple. it doesn't have to be anybody. it just needs to maintain its base. if it can get its base to upgrade to the new devices, that is half the battle for this company. it is the first trading day after the dow closed above 14,000. the one and only art cash will join us at post 9, that's next. look at futures one more time before the open. we are looking to lose about 83 on the dow right at the open, about 8 1/2 on the s&p 500. much more "squawk on the street" straight ahead. at optionsxpress we're all about options trading. we create easy-to-use, powerful trading tools for all. look at these streaming charts! they're totally customizable and they let you visualize what might happen next. that's genius! we knew you needed a platform that could really help you elevate your trading. so we built it. chances of making this? it's a lot easier to find out if a trade is potentially profitable. just use our trade & probability calculator and there it is. for all the reasons you trade options - from
. >> the important thing is, it doesn't have to be a samsung or apple. it doesn't have to be anybody. it just needs to maintain its base. if it can get its base to upgrade to the new devices, that is half the battle for this company. it is the first trading day after the dow closed above 14,000. the one and only art cash will join us at post 9, that's next. look at futures one more time before the open. we are looking to lose about 83 on the dow right at the open, about 8 1/2 on the...
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Feb 4, 2013
02/13
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CNBC
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they benefit whether it's apple or samsung. over $16 a share in cash. if you net that cash out of the stock price, which is in the mid-60s, you still have about 11, 11 1/2 pe for a legitimate 20% growth. another stock we own but the growth rate has slowed a little bit is emc. the regular enterprise storage business which used to be 8 to 10 is closer to 6 to 8. if you back out roughly $4 a share in cash, because that's the net cash on the balance sheet, the stock is about 11, 11 1/2 multiple. it's reasonable. but it's very difficult to find tech stocks with earnings momentum that are cheap on a pe basis at this point. >> all right. scott, thank you very much for joining us. we will talk to you again soon. >> thank you very much, becky. >> when we come back, we've got new details on the government's insider trading case against s.a.c. plus, the last word from our trio of guest hosts. steve's going to lead this. you'll follow up with this conversation here. >> yes, we will. >> "squawk" will be right back. >>> making headlines this morning, a new twist at t
they benefit whether it's apple or samsung. over $16 a share in cash. if you net that cash out of the stock price, which is in the mid-60s, you still have about 11, 11 1/2 pe for a legitimate 20% growth. another stock we own but the growth rate has slowed a little bit is emc. the regular enterprise storage business which used to be 8 to 10 is closer to 6 to 8. if you back out roughly $4 a share in cash, because that's the net cash on the balance sheet, the stock is about 11, 11 1/2 multiple....
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Feb 13, 2013
02/13
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CNBC
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less than a week after tweeting his frustrations with apple and making a pitch for samsung. other than samsung and poland spring, what product would the senator be a perfect spokesperson for and why? tweet us @squawkstreet, your answers are next. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. there. i said it. they don't have pictures of my kids. they don't have my yoga mat. and still, i feel at home. could it be the flat screen tv? the not so mini fridge? ♪ the different free dinner almost every weeknight? or maybe, it's all of the above. and all the rest. am i home? nope. but it almost feels that way. homewood suites by hilton. be at home. homewood suites by hilton. (announcer) at s
less than a week after tweeting his frustrations with apple and making a pitch for samsung. other than samsung and poland spring, what product would the senator be a perfect spokesperson for and why? tweet us @squawkstreet, your answers are next. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. [ robert ] we...
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Feb 7, 2013
02/13
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MSNBCW
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or you can buy apple care. are you kidding me? please. samsung, where are you? >> we all say -- >> that's where i'm moving. >> i'm curious since you wrote the book on steve jobs, we all say steve jobs never done the trick they did with iphone 5 where you've got to buy a charger for an ipad and a different charger for an iphone 5. >> his great genius is that he cared passionately about the customer. he said you put the product first and the service first instead of profits, you're going to make your profits in the long run. but if you focus on profits, you're going to skimp on the product. i think he would have been a lot more passionate when it came to everything from siri to the plus, but more importantly, he would have been really passionate saying every three years, we blow people away with something totally amazing. what's next? when will we put out a tv set? >> apple's not doing that now. the iphone 5. >> they're fiddling around right now with the beautiful designs. >> mini. sbhoo but they haven't yet broken into the whole new, you know, make me go wow indu
or you can buy apple care. are you kidding me? please. samsung, where are you? >> we all say -- >> that's where i'm moving. >> i'm curious since you wrote the book on steve jobs, we all say steve jobs never done the trick they did with iphone 5 where you've got to buy a charger for an ipad and a different charger for an iphone 5. >> his great genius is that he cared passionately about the customer. he said you put the product first and the service first instead of...
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Feb 15, 2013
02/13
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CNBC
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. >> it's a combination on one side that the market penetration globally is still low for all of apple's inkred ill products. on the other side, you have people arguing that, you know, samsung doesn't just sit there with its thumb up its nose. i mean, it has got android stuff. any time it's not steve jobs. couldn't any time someone had something really hot and then the market penetration going from low where it is now just assuming it's going to 40% or 50% doesn't have to, does it? >> nope. the only thing people have -- i would say have underestimated a little bit on apple when you have that much installed base and you know that much about customers, and their activities and you have a retail chain where you get to talk to them every day and you have this much cash, they're in as superb position to be the known vative leader as long as they keep their culture. i think they may surprise people on the upside. >> i haven't updated my experience with the iphone and it's all -- people said it will change your life. it's amazing. >> are you kidding? >> it's unbelievable. the iphone 5. you type
. >> it's a combination on one side that the market penetration globally is still low for all of apple's inkred ill products. on the other side, you have people arguing that, you know, samsung doesn't just sit there with its thumb up its nose. i mean, it has got android stuff. any time it's not steve jobs. couldn't any time someone had something really hot and then the market penetration going from low where it is now just assuming it's going to 40% or 50% doesn't have to, does it?...